Chile's trade surplus widened to USD 1219 million in April 2020 from USD 385 million in the corresponding month of the previous year. Imports plunged 22.7 percent over a year earlier to USD 4,135 million, mainly due to lower purchases of consumption goods (-32.6 percent); capital goods (-16.9 percent); and intermediate (-65.6 percent). Exports fell 3.3 percent to USD 5354 million, as sales declined for mining products (-3.8 percent), in particular copper (-7.8 percent); manufactured (-7.3 percent); and agricultural, forestry & fishing goods (-13.1 percent).
Balance of Trade in Chile averaged 477.40 USD Million from 1991 until 2020, reaching an all time high of 2968.68 USD Million in April of 2007 and a record low of -1384.72 USD Million in October of 2008. This page provides the latest reported value for - Chile Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Chile Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: Banco Central de Chile
Balance of Trade in Chile is expected to be 100.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Chile to stand at 100.00 in 12 months time. In the long-term, the Chile Balance of Trade is projected to trend around 500.00 USD Million in 2021, according to our econometric models.